Measuring Reporting Conservatism

By Dan Givoly, Carla K. Hayn, Ashok Natarajan. 2007

590 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/371f90c9b9972bc6bbef0e24cdf1fb939e9d8a0d

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Citations in the corpus

The Allowance for Uncollectible Accounts, Conservatism, and Earnings Management (2010, unknown): “2007), (ii) may be influenced by characteristics of the firm’s information environment (Givoly et al. 2007), and (iii) suffers from simultaneity bias (Beaver et al.”
The Contracting Benefits of Accounting Conservatism to Lenders and Borrowers (2008, unknown): “Second, when applied to individual firms, the measures are potentially subject to considerable measurement error or a downward bias ( Givoly et al., 2007; Roychowdhury and Watts, 2007).”
The Role of Accounting Conservatism in the Equity Market: Evidence from Seasoned Equity Offerings (2013, unknown): “Given that proxies of conservatism contain measurement errors (Dietrich et al. 2007; Givoly et al. 2007; Patatoukas and Thomas 2011; Ettredge et al. 2012; Ball et al. 2013), we use multiple measures of conservatism, including the C_Score from Khan and Watts (2009), negative non-operating accruals (G”
Conditional and Unconditional Conservatism:Concepts and Modeling (2005, background): “…control for the extent of unconditional conservatism, and in part because we provide modeling support for the recent studies (Pope and Walker, 2003; Givoly et al., 2004; Pae et al., 2004; Roychowdhury and Watts; 2004) that argue and show empirically that unconditional conservatism as proxied by…”
Correcting for Cross-Sectional and Time-Series Dependence in Accounting Research (2010, unknown): “They find that the negative relation documented in Givoly et al. (2007) becomes positive once earnings and returns are aggregated over three-, four-, and five-year periods.”
Understanding Earnings Quality: A Review of the Proxies, Their Determinants and Their Consequences (2010, background): “…loss recognition in earnings are correlated with the production or dissemination of alternative information sources (e.g., Gigler and Hemmer, 2001; Givoly et al., 2007), then a return-based measure of asymmetric timeliness captures asymmetry not only in financial reporting but also in information…”
The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis: THE EFFECT OF ACCOUNTING CONSERVATISM (2016, unknown): “17 See, for example, Dietrich et al. (2007), Givoly et al. (2007), Roychowdhury and Watts (2007), Patatoukas and Thomas (2011, 2015), Ball et al. (2013a, 2013b), Lawrence et al. (2013), Roychowdhury and Martin (2013), Collins et al. (2014), Cano‐Rodríguez and Núñez‐Nickel (2015), and Banker et al.…”
Asymmetric sensitivity of CEO cash compensation to stock returns (2006, background): “To ensure that compensation is for an entire year, we require that for each CEO-year, the CEO must hold the title of CEO for the 13 Givoly et al. (2003) discuss additional cases where earnings and returns capture unrealized losses differently.”
Cash flow asymmetry: Causes and implications for conditional conservatism research $ (2014, methodology): “Similar to Givoly et al. (2007), we find the earnings asymmetric timeliness coefficient (0.”
Conditional conservatism and cost of capital (2011, unknown): “…conditional conservatism (as in Callen et al. 2010) to overcome the possible biases in the Basu (1997) measure described by Dietrich et al. (2007), Givoly et al. (2007) and Patatoukas and Thomas (2009); (b) we do not rely on ex ante measures of the cost of equity; and (c) we use formal asset…”
The Confounding Effect of Cost Stickiness on Conservatism Estimates (2016, unknown): “For many 1 Although Dietrich et al. (2007), Givoly et al. (2007), and Patatoukas and Thomas (2011) critique the Basu (1997) asymmetric timeliness regression on economic and econometric grounds, the model is defended by Ryan (2006), Basu (2009), and Ball et al. (2013a, b).”
The Joint Effect of Investor Protection and Big 4 Audits on Earnings Quality around the World (2008, unknown): “As a caveat we note there are critiques of the Basu (1997) earnings conservatism model (e.g., Dietrich et al. 2005; Gigler and Hammer 2001; Givoly et al. 2005).”